Sunshine2000
2022-08-19

‌$Alibaba(09988)$‌Stock does not care about feeling, if you feel ali is a good stock but the market does not think so, it will drop like a rock and your heart sink. But...butm if you see the number in Ali and the market in China after the pandemic is over, you would see the profit or Ali will come back and the PE will be lower and the price will goes up again ... but but it will goes up before the pandemic is expected to over but not at the actual timing for stock is a leading indicatior. therefore, if you buy the dip now, you will reap rewards later but it all depends on your risk level .. the worst is your risk level is low and you trade on emotion which is almost a formula for you kown what .... Buy the dip while you can and your risk level allow ... 

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Comments

  • Danielng
    2022-08-19
    Danielng
    dyodd and look at fundamentals and cut off the fud. then diamond hand - but to do that, must not leverage and only invest with money not needed in near term. I am prepare to not touch it for 10 years.
    • Sunshine2000: 

      money do not touch for ten years is not the best use of money, better buy bond ... you need a well balanced portfolio where you have short term cash, bond, high yield stock and high value plus high growth stock ... so that you will get your intended return whether it is 5%, 10%, 15% or 20%, or higher 

    • DanielngReplySunshine2000: 
      the point here is don't put yourself in a position where you are forced to sell when price is down. I am saying I will never be forced to sell because I need the money.
  • Samlunch
    2022-08-19
    Samlunch
    Master leong subscriber must be
    • Sunshine2000: 
      You can also get advise from even the foolsih one but you have to have your own discernment. Chinese old saying, three foolish ones is better than zhuge liang .. got it …
  • Ranchy
    2022-08-19
    Ranchy
    thanks for sharing
  • sugizoi4u
    2022-08-19
    sugizoi4u
    Thanks for sharing
  • Dogecake
    2022-08-19
    Dogecake
    Right
  • Vgreen
    2022-08-19
    Vgreen
    [Like]
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